Emerson Electric (EMR) Receiving Somewhat Favorable Press Coverage, Study Finds

Media coverage about Emerson Electric (NYSE:EMR) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Emerson Electric earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.7322473309461 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media stories that may have impacted Accern’s analysis:

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Emerson Electric stock traded down $0.30 during mid-day trading on Monday, hitting $69.90. The company’s stock had a trading volume of 2,809,181 shares, compared to its average volume of 3,546,531. The company has a quick ratio of 1.02, a current ratio of 1.32 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $44,565.60, a PE ratio of 26.48, a P/E/G ratio of 2.13 and a beta of 1.18. Emerson Electric has a 12 month low of $56.77 and a 12 month high of $74.45.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.04. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.72 billion. Emerson Electric had a net margin of 10.09% and a return on equity of 20.73%. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 earnings per share. equities analysts expect that Emerson Electric will post 3.12 earnings per share for the current fiscal year.

EMR has been the subject of several research reports. UBS initiated coverage on shares of Emerson Electric in a research report on Monday, January 22nd. They issued a “buy” rating and a $73.26 target price for the company. Vertical Research upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Tuesday, January 2nd. Barclays initiated coverage on shares of Emerson Electric in a research report on Thursday, February 15th. They issued an “overweight” rating and a $80.00 target price for the company. Wells Fargo reiterated a “market perform” rating and issued a $73.00 target price (up from $65.00) on shares of Emerson Electric in a research report on Thursday, January 18th. Finally, Zacks Investment Research upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $77.00 target price for the company in a research report on Tuesday, April 17th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $71.07.

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About Emerson Electric

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and residential markets worldwide. The company's Automation Solutions segment offers software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; process control systems and solutions; and digital plant solutions.

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